OAKLAND, California, March 15 (Reuters) - OpenAI and
Elon Musk have agreed to fast-track a trial over OpenAI's
for-profit shift, the latest turn in a grudge match between the
world's richest person and OpenAI CEO Sam Altman playing out
publicly in court.
Billionaire Elon Musk and OpenAI jointly proposed a trial in
December, according to a federal court filing on Friday.
The parties agreed to delay a decision on whether the
expedited case will be decided by a jury or solely by the judge,
said the filing in U.S. District Court for the Northern District
of California.
The judge this month denied Musk's request to pause the
artificial intelligence group's transition to a for-profit model
but agreed to an expedited trial in the autumn, the latest turn
in the high-stakes legal fight.
"We welcome the court's March 4 decision rejecting Elon
Musk's latest attempt to slow down OpenAI for his personal
benefit," OpenAI said in a blog post on Friday.
Musk cofounded OpenAI with Altman in 2015 but left before
the company took off and subsequently founded the competing
startup xAI in 2023.
Last year, the CEO of Tesla and owner of the X social media
platform sued OpenAi and Altman, accusing OpenAI of straying
from its founding mission - to develop AI for the good of
humanity, not corporate profit.
OpenAI and Altman have denied the allegations, while Altman
alleges that Musk has been trying to slow down a competitor.
At stake in the lawsuit is the ChatGPT maker's transition to
a for-profit model, which the startup says is crucial to raising
more capital and competing well in the expensive AI race.
OpenAI's last fundraising round, of $6.6 billion, and a new
round of up to $40 billion under discussion with SoftBank Group
, are conditioned on OpenAI restructuring to remove the
nonprofit's control.
Friday's filing comes weeks after Altman, who has said
OpenAI is not for sale, rejected a $97.4 billion unsolicited
takeover bid from a Musk-led consortium with a "no thank you."